ETH/BTC – 30M – SELLMoreover a ‘Double top chart pattern’ chart pattern is discovered. The formation shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support line at 0.036560000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.037440000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Moreover a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037660000 |
| 2nd High | 0.037630000 |
| Next High | 0.037440000 |
| Current Price | 0.036520000 |
| Next Low | 0.036560000 |
| 2nd Low | 0.035400000 |
| 3rd Low | 0.034670000 |
0.037440000 – 0.037630000 – 0.037660000 – 0.036560000 – 0.036790000 – 0.037720000 — 40.653073156067 – 37.237206107928
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double top chart pattern – –